Full Cost of Attendance

[BCPanther]

Re: Full Cost of Attendance

UNI has been really good at funding 1 time expenses and up until recently has done a very poor job of planning for future expenses and getting scholarships backed and endowed.

Combine that with general fund money being taken out from under us and you have a situation where there is never any money.

This is really simplistic, but pretty much sums it up.

[ubuntuCAT]

Re: Full Cost of Attendance

Single Spped Brewing, C.F. brewer right on the Parkade. Win-win.

right on!

If UNI ever offers alcohol sales I think it would be a huge mistake to only offer bud light or similar. It's important to have Bud/Bud Light but big mistake to have that be the only option.

Figure out which games have lowest attendance and offer $2 beers for a few of them. (Exhibition games in BBall, football games during Iowa/ISU, etc)

Wonder if attendance would change if home playoff games had cheap beer? On second thought does the NCAA outlaw alcohol sales for playoff games even if a allowed at a specific school?

[run&blade]

Re: Full Cost of Attendance

Saturday after thanksgiving home playoff game with $2 beers.

Good lord I would think that would be quite the loud building.

[Mudrafan]

Re: Full Cost of Attendance

As a newcomer to PN, can somone please address this: I often hear how UNI does not have great resources, scholarship funding always seems to be on an agenda, budget cuts, sounds like they had to drop a few sports in the not so recent past etc...what happened? I mean the Dome was built in the mid 70's and they built it so well that it is still for the most part a very good facility. So in my mind the resources had to be in place going back to when they made that committtment to build such an incredible facility that nearly 40 years later it is still a very functional and an adequate facility. Basically where did the money go?

What in the world are you talking about? Do you realize that over 90% of the Div I schools do not make $ on football? I've seen the list. Out of about 300 or so DI football schools, only about the top 30 even make any $ at all. What makes it even more impossible for UNI is that they do not get any bowl $, tv $, still have to be Title IX compliant, have to compete with schools like the Dakota schools that are the biggest schools in their state. The state gov't here protects the two biggest schools in the state & up until just a couple years ago, continually gave us the shaft. The Dome was built on private fund raising & the local community way back then. When you say where did the $ go, I'm not sure what you are referring to. Just because $ is allotted to build a facility, doesn't mean those same people fork it over year after year after year.

[ubuntuCAT]

Re: Full Cost of Attendance

What in the world are you talking about? Do you realize that over 90% of the Div I schools do not make $ on football? I've seen the list. Out of about 300 or so DI football schools, only about the top 30 even make any $ at all. What makes it even more impossible for UNI is that they do not get any bowl $, tv $, still have to be Title IX compliant, have to compete with schools like the Dakota schools that are the biggest schools in their state. The state gov't here protects the two biggest schools in the state & up until just a couple years ago, continually gave us the shaft. The Dome was built on private fund raising & the local community way back then. When you say where did the $ go, I'm not sure what you are referring to. Just because $ is allotted to build a facility, doesn't mean those same people fork it over year after year after year.

There are a ton more than 30 schools that make money off football.

[Born-a-Panther]

Re: Full Cost of Attendance

What in the world are you talking about? Do you realize that over 90% of the Div I schools do not make $ on football? I've seen the list. Out of about 300 or so DI football schools, only about the top 30 even make any $ at all. What makes it even more impossible for UNI is that they do not get any bowl $, tv $, still have to be Title IX compliant, have to compete with schools like the Dakota schools that are the biggest schools in their state. The state gov't here protects the two biggest schools in the state & up until just a couple years ago, continually gave us the shaft. The Dome was built on private fund raising & the local community way back then. When you say where did the $ go, I'm not sure what you are referring to. Just because $ is allotted to build a facility, doesn't mean those same people fork it over year after year after year.

And it wasn't easy 40 years ago. My dad walked around with a model of the Dome to help lead the fundraising efforts, and there was not a lot of community support for a while. They really had to sell the idea that it wasn't just for football games but for other events as well.

[claw]

Re: Full Cost of Attendance

There are a ton more than 30 schools that make money off football.

Not really....or even close

http://www.politifact.com/virginia/s...profit-sports/

Here are some other findings from the NCAA report:

Median revenues generated by athletic departments increased by 3.2 percent from 2012 to 2013, while expenses went up 10.6 percent;
Of the 20 schools that made money, the median profit was $8.4 million;
Of the 103 schools that lost money, the median deficit was $14.9 million;
The highest total revenues generated by an athletic department was $169.7 million;
The highest total expenses by an athletic department was $146.8 million.

http://www.cbssports.com/collegefoot...ic-departments

56 of the G5 programs have a deficit

I think there are only 3 or 4 FCS schools that make money - NDSU, Montana, Montana State and Liberty. To put it in perspective, App State and Georgia Southern each turned a 3-5 million dollar profit in the FCS. They are now in the 8-12 million DEFICIT.

[ronfitch]

Re: Full Cost of Attendance

And it wasn't easy 40 years ago. My dad walked around with a model of the Dome to help lead the fundraising efforts, and there was not a lot of community support for a while. They really had to sell the idea that it wasn't just for football games but for other events as well.

That is an understatement, BAP. Interesting dive into building interest, building - and losing - then rebuilding support, cost overruns, a lawsuit by students, one horribly-timed storm, and one great sports jacket worn by former Iowa Secretary of Agriculture Bob Lounsbury (that photo alone is worth the click) is at:

https://www.library.uni.edu/collections/special-collections/university-archives/building-histories/uni-dome?destination=node/1428

[Mudrafan]

Re: Full Cost of Attendance

There are a ton more than 30 schools that make money off football.

wrong......

[BCPanther]

Re: Full Cost of Attendance

wrong......

Right.

There are tons of schools that make tons of money on football, they just use accounting tricks and crediting revenue to other sports to make it appear as though its a 'not-for-profit' endeavor.

[ubuntuCAT]

Re: Full Cost of Attendance

Right.

There are tons of schools that make tons of money on football, they just use accounting tricks and crediting revenue to other sports to make it appear as though its a 'not-for-profit' endeavor.

It's not even that. Tons of football programs make money. The entire athletic department doesn't make money at nearly as many schools because football subsidizes all the sports nobody cares about. But this conversation was about how many football programs make money.

What is there 60 power 5 teams? Is it even possible for a power 5 team to not make money on football? Hell even ISU gets like $20M from the Big12 with the huge majority of that from football.

I'm very confident NDSU makes money on Football.

[ubuntuCAT]

Re: Full Cost of Attendance

wrong......

you have no idea what you are talking about

[GonzoCat]

Re: Full Cost of Attendance

It isn't even the fact that they move money around, it's the fact that they can spend as much money as they want. If you pay your coach $10 million a year and report a $1 million loss are you really losing money?. Just an example, please no lessons on how a "free market" economy works.

[ubuntuCAT]

Re: Full Cost of Attendance

It isn't even the fact that they move money around, it's the fact that they can spend as much money as they want. If you pay your coach $10 million a year and report a $1 million loss are you really losing money?. Just an example, please no lessons on how a "free market" economy works.

I have no idea what you are arguing.

Are you suggesting that the coaches salary isn't an expense?

[Mudrafan]

Re: Full Cost of Attendance

you have no idea what you are talking about

Touche. Go read the freaking article that was linked. I will take that as fact more than you yelling back at me on a message board from your basement.